(d) The amount owed by Regal to each creditor as at September 19, 2016 who holds a security interest on the assets described above is as follows:

Secured Creditor

The Toronto-Dominion Bank

York Management Services

Amount $

569,879

407,546

Security

General Security Agreement and Assignment of Term Deposits

Unknown

(e) Attached as Appendix "A" is a separate list of other creditors of the Company and the amounts owed to each creditor as at September 19, 2016. The total amount owing by Regal to these creditors is $2,208,937.74.

(f) The Receiver is in the process of conducting a sales process with respect to the Assets.

(g) Contact person for Receiver: Dean Skurka c/o The Fuller Landau Group Inc. 151 Bloor St. West, 12th Floor Toronto, ON M5S 1S4 Telephone: (416) 645-6500 ext. 6597 Facsimile: (416) 645-6501

Dated at Toronto, Ontario, this 29th day of September, 2016.

The Fuller Landau Group Inc. Receiver of Regal Gifts Corporation

Pe~ ~ Adam Erlich

2

Creditor Type

Preferred

Unsecured

Name

Anna Storie

Anne Lawson

Bethany Obermayer

Bevl..omax

Brenda Cowan

Bruce Webster

Candace Hanna

Colleen Miller

Deborah Gordon

Denise Snyder

Dennis Langille

Donna Gardner

George Wood

Georgena Thompson

Gillian Hammer

Greg Clubine

Heajin Cho

Heather Turner

Jackie Pilon

Jacqui Daley

Jamie Neath

Janet Camilleri

John Janssens

Karen Oliver

Kristin Pilon

Larry Cole

Larry Hogg

Liz Cooper

Luigi Cece

Mallory Amyotte

Marc Mair

Mike Macneil

Odalys Batista

Paul Taylor

Penny Thompson

Phil Lanzarotta

Robin Rossit

Sarah Worrod

Susan Clarke

Suz Phillips

Vicki Marshall

Vone Emerson

Wayne Desbarres

407 ETR

4imprint, Inc.

Regal Gifts Corporation List of Creditors

A.B.C. Christian Child Care Center

Appendix 11 A 11

Claim$

Unknown

Unknown

Unknown

Unknown

Unknown

Unknown

Unknown

Unknown

Unknown

Unknown

Unknown

Unknown

Unknown

Unknown

Unknown

Unknown

Unknown

Unknown

Unknown

Unknown

Unknown

Unknown

Unknown

Unknown

Unknown

Unknown

Unknown

Unknown

Unknown

Unknown

Unknown

Unknown

Unknown

Unknown

Unknown

Unknown

Unknown

Unknown

Unknown

Unknown

Unknown

Unknown

Unknown

38.40

6,119.79

57.43

Creditor Type

Unsecured

Name

Adalia Tinte

Advance Printing

Aird & Berlis LLP

Aline Atlantic Inc.

Allison Mclean

AIIStar Products Group

Annik Caissie

Anthony and Michele Medland

Apollo Exports International Inc.

Atlantic Horizon International, Inc.

Axis International Marketing Ltd.

Axis Sourcing Group Inc.

Bandwagon Inc.

Bass Paper & Packaging Ltd.

Regal Gifts Corporation List of Creditors

Bethel Seventh Day Adventist Church

Betty and Greg Hill

Betty/Janice Kimery

Beverly Hills Teddy Bear Company

Bluebanana Group

Bonnie Breining

Brenda Smith

Brigitte Ridley

Brown Sugar Discs

Buxton

CAGift

Cadie Products Corporation

Calgary Area City Countil

Canada Post

Canadian Engravers Supply Ltd.

Canadian Springs

Canpar Transport L.P.

Carlene Hummel

Cascades Containerboard Packaging

CHH Quality Products, Inc.

Christie Ross

Christine Bergeron Blanchet

Christmas Tradition

City of Barrie

Clara Anderson

Clear Innovation LLC

CM National

Conimar Group

Covey Investments Inc.

Crawford Supplyline

CTCopieur

CTG Brands Inc.

Danielle Gravel

Appendix 11 A 11

Claim$

52.77

10,170.00

4,751.44

6,934.73

54.48

43,966.16

18.28

25.75

121,950.26

4,279.07

8,884.77

909.46

12,214.10

1,730.39

42.58

14.58

65.01

1,955.30

3,130.06

140.67

70.00

28.36

449.21

2,832.90

11,962.37

10,300.67

91.12

12,875.58

2,088.85

96.08

117,190.71

348.77

19,279.89

673.56

59.60

42.13

42,769.58

886.81

74.49

4,029.47

1,347.11

228.22

74,848.39

4,732.31

0.75

8,372.66

144.02

Creditor Type

Unsecured

Name

Debco Bag Distributors Ltd.

Dell Financial Services

Deloitte & Touche LLP

Diamond Recognition

Diane Dickenson

Discovery Inc.

DM Merchandising Inc.

DuneCraft

E. Mishan & Sons

Regal Gifts Corporation List of Creditors

Eagle Eye Marketing Group Canada

Edenborough Limited

Edna Mcteer

Ellen Hills

Enbridge Gas Distribution

Ergo Industries Ltd.

Erika Petruk

Erin Fingler

Etna Products Co Inc

Federal Express Canada Ltd.

Firefly Books Ltd.

Fox Run Brands

Franklin Capital Holdings LLC

Garry Mercer Trucking Inc.

Georgian Copy & Printers

GHY- Geo. H. Young & Co. Ltd.

Giftcraft Ltd.

Global TV Concepts Ltd

GN Johnston Equipment Rentals

GoToMeeting

Great Divide Corp.

Gwendolyn Hoare

Hachette Book Group

Hampton Direct Inc.

Hermell Products Inc.

HP Financial Services

Ideaman, Inc.

In Demand Marketing

Incredible Novelties Inc.

InterDesign Inc.

Irene Kilbourne

Jacki Andersen

Janice Mclean

Jean Starchuk

Jennifer Paradie

Jobar International, Inc.

Jupiter Creations Inc.

930610056110

Appendix 11 A 11

Claim$

3,966.98

1.00

29,380.00

5,628.76

41.58

3,302.49

35,520.49

7,939.78

47,395.12

8,786.88

53,902.47

56.20

50.28

259.71

7,303.72

231.45

35.69

6,459.02

29.85

3,445.08

22,208.66

11,671.40

625.00

1,200.63

7,135.03

14,936.34

56,800.53

1.00

99.00

1,328.88

22.03

5,524.13

6,225.25

13,814.59

1.00

8,457.89

7,446.11

7,802.01

25,941.77

74.24

70.96

48.96

30.98

76.77

78,921.35

3,993.80

Creditor Type

Unsecured

Name

Kanar

Kathleen Hendry

Kathy Normore

Kelly Moss Photography

Khadija Bhagat

Krista! Educational Inc.

Lee Anne Kuyt

Lisa Symonds

Lisa Watson

Lori Lark

LouiseAst

Lynda A. Mills

MBome

Madeleine Anta

Maria Chaves

Mary/beth Vanderplas

Maryann Keddy

Maxsalesgroup

Melissa & Doug, LLC

Metric Packaging Solutions

Microsoft Corporation

Milberg Factors, Inc.

Mill Creek Entenainment, LLC

Miller Waste Systems Inc.

MSR Imports Inc.

Nancy Cleveland

Natalie Arnone

Natalie Mendonca

National Book Network

National Express

Natures Pillows, Inc.

Nettie Janzen

New Independent Marketing

New York Puzzle Company

North Fork Sales LLC

Regal Gifts Corporation List of Creditors

Northern Response (International) LTD

On tel Products Corporation

Outset Media

P .K. Douglass Inc.

Parkinson Twp Volunteer Advisory Board

Patricia Oliveira

Peter Pauper Press Inc.

Phoenix International Publications, Inc.

Pitney Bowes

Pitney Works

Polygel

Port-Style Enterprises Inc.

Appendix "A"

Claim$

1,201.84

82.87

45.04

678.00

52.17

3,199.14

68.51

18.65

43.01

101.81

116.88

24.58

19.37

16.62

22.60

26.98

200.34

4,262.56

4,708.96

3,423.03

350.41

12,994.37

4,160.20

358.53

104,294.16

90.94

86.27

7.66

3,297.54

2,472.35

998.45

157.39

116.96

832.04

2,773.47

31,645.77

43,824.79

16,731.35

23,387.70

546.32

48.10

4,026.77

2,458.88

84.58

265.20

14,329.60

780.15

Creditor Type

Unsecured

Regal Gifts Corporation List of Creditors

Name

PowerStream

PPR direct

Premier Gift/Scantrade

Primma G.R.A. Ud.

Priscilla Wills

Product Concept Inc.

Product Specialties Inc.

Profoot

Propay

Publications International Ltd.

RCAP Leasing Inc.

Relaxus Products Ltd.

Renate Palm

Ronco Holdings c/o P2Binvestor

Rosenthal & Rosenthal Inc.

Rust-Oleum

Samantha Mccarte

Sandra Wilson

SAS Group Inc.

Scanner Guard Corporation

SCS Direct Inc.

Seacoast Business Funding & Jokari/US, Inc.

Sharon & Dell Cochrane

Sherrie Doney

Shred-it International ULC

Simcoe Hygiene Services

SKM Industries Inc.

Smart Play, LLC

Smart Works Consumer Products

Solar X Eyewear

Spark Innovators Corp

Spectrum Diversified Designs, LLC

Splash International Marketing Inc.

Spoontiques Inc.

Sports Art Collection

Stephanie Prince

Sterling Publishing Co.

Steven Bell

Style Asia Inc.

Supertek Canada Inc.

Talus Corporation

Technosport International Ltd.

Telizon Inc.

Teresa Taylor

Thermor Ltd.

Transcontinental Printing G.P.

9735020000/6024220000

Appendix "A"

Claim$

2,858.20

32,790.21

23,605.51

52,351.70

83.37

9,748.48

5,621.75

792.42

2,836.77

1,355.04

1.00

14,212.70

35.26

10,684.46

16,196.40

7,952.94

26.99

19.18

9,093.02

1,584.84

1,664.08

7,522.13

16.37

418.76

250.40

132.46

1,901.81

2,223.27

48,909.88

8,344.29

5,388.46

1,560.54

27,275.91

3,611.59

3,986.64

20.99

3,175.95

107.00

11,442.54

32,909.23

2,075.11

926.26

615.35

40.67

11,051.06

233,592.24

Creditor Type

Unsecured

TOTAL

Name

TrendStar Corp.

Tri-Sales Marketing, LLC

Tristar Products

TV DIRECT LLC

Uline

Unishippers

Unitrex Ud.

Valley Trading

Regal Gifts Corporation List of Creditors

Value-Rite Business Products

Ventures International Products Inc.

Versature

VGH Solutions Inc.

Viatek Consumer Products Group, Inc.

Wendy Franko

White Mountain Puzzles Inc.

William F. Taggart Jr.

Xerox Canada LTD.

Sales reps

Appendix 11 A 11

Claim$

11,676.35

14,097.53

15,782.47

12,782.63

342.03

9,925.60

2,202.93

1,777.27

762.30

4,816.92

4,321.49

678.00

4,194.54

1,900.00

1,818.60

27,608.07

1,602.79

170,682.13

2.208.937.74